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2026 Outlook What's next for politics and the top stories of 2025

The Straits Times

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December 30, 2025

All eyes on Govt's plans for economy, meeting S'poreans' everyday concerns

- Tham Yuen-C Senior Political Correspondent and Chin Soo Fang Senior Correspondent

From an eventful general election that saw the PAP returned to power with a higher vote share, to the conclusion of a high-profile court case involving Leader of the Opposition Pritam Singh, 2025 was a standout year for Singapore politics.

With tectonic shifts in the world of work and ongoing geopolitical uncertainties, all eyes are on the Government's plans to refresh Singapore's longer-term economic strategy, while meeting Singaporeans' bread-and-butter concerns over jobs, housing and cost of living.

Here is what to expect in the political space in 2026, and a roundup of the biggest news in 2025.

S'PORE'S UPDATED ECONOMIC BLUEPRINT TAKES SHAPE

The five committees reviewing the country's economic strategy are expected to begin making policy recommendations soon, with the Government's annual Budget season around the corner in February.

Chaired by the newer political office-holders, the Economic Strategy Review (ESR) committees were formed in August to ensure that the city-state stays globally competitive in the long run, and to secure good opportunities for its businesses and workers.

The ESR reports to the Singapore Economic Resilience Taskforce chaired by Deputy Prime Minister Gan Kim Yong.

The committees' review covers five areas: global competitiveness; technology and innovation; entrepreneurship; human capital; and managing the impact of restructuring.

In November, Acting Transport Minister and Senior Minister of State for Finance Jeffrey Siow said the five committees will release a mid-term update in tandem with Budget 2026, so that early proposals can be discussed and funding secured for them.

The ESR will issue a final report with its recommendations by mid-2026.

PLUS D'HISTOIRES DE The Straits Times

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Japan's toy market booming despite baby bust, thanks to young-at-heart 'kidults'

Driven by nostalgia and a post-pandemic desire for real-world, tangible interactions, Japanese society is now more receptive to the idea of adults playing with toys.

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Man who opened fake accounts to get $28k in mall vouchers jailed

A customer relations officer at Marina Square created 2,172 fraudulent accounts in the shopping mall's membership phone application to receive e-vouchers worth nearly $28,000 under a referral scheme.

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ST's car-buying guide Hot wheels

Here are the 25 choicest cars for the money in 2026

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Factory activity edges up in Dec, supported by electronics demand

Singapore’s manufacturing output edged up in December, pointing to a positive outlook for the sector going into 2026.

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January 03, 2026

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Manufacturing surge powers S'pore's 2025 growth to highest since 2021

4th-quarter growth driven by demand for pharmaceuticals, Al-linked semiconductors

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January 03, 2026

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Singapore shares rise on first trading day of 2026; STI up 0.2%

iEdge S'pore Next 50 Index climbs 0.6%, or 8.24 points

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January 03, 2026

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Kyiv denies targeting civilians amid accusations of hotel strike

A source in Ukraine says attack targeted a military gathering closed to civilians

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January 03, 2026

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Maduro extends olive branch to US, suggests talks on drug trafficking

Venezuela’s President Nicolas Maduro has extended an olive branch to US President Donald Trump, proposing serious talks on combating drug trafficking and offering US companies ready access to Venezuelan oil.

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January 03, 2026

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THE MODERN MALL

Global trends point to a reimagining of shopping centres as community hubs where people go for meaningful connections and experiences

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January 03, 2026

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What are the prospects for a China-US 'grand bargain'?

The thunder was loud, but the rain is light.

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January 03, 2026

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